Learn More About Foreclosure Law in Parker, Idaho

Parker is a city in Fremont County, Idaho, United States. The population was 319 at the 2000 census. It is part of the Rexburg, Idaho Micropolitan Statistical Area.

Foreclosure Law Lawyers In Parker Idaho

Advertisement

What is foreclosure law?

Foreclosure is the cutting off or termination of a right to property to compel payment of a mortgage or other debt secured by a lien. As to real property, like a house or land, foreclosure is started because of non-payment of the debt and leads to the selling of the property to which the mortgage or lien is attached in order to satisfy that debt. Lawyers who assist with foreclosure issues help struggling homeowners consider their options -- both foreclosure and foreclosure alternatives -- and determine the best course of action. Foreclosure alternatives may include loan modification, short sale, forbearance, reinstatement, and repayment plans.